Notification of Major Interest in Shares
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | PayPoint Plc |
|of existing shares to which voting rights are | |
|attached: ii | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes): |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of voting rights | X |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of qualifying financial instruments which | |
|may result in the acquisition of shares already issued to which voting| Â |
|rights are attached | |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of instruments with similar economic effect| Â |
|to qualifying financial instruments | |
+----------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights | Â |
+----------------------------------------------------------------------+-------+
|Other (please specify): Â | Â |
+--------------------------------------+-------------------------------+-------+
|3. Full name of person(s) subject to | |
|the | Crystal Amber Fund Limited |
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | HSBC Global Custody Nominee (UK) |
|(if different from 3.):iv | Limited |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 2 March 2011 |
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 3 March 2011 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Below 3% |
|reached: vi, vii | |
+--------------------------------------+---------------------------------------+
+------------------------------------------------------------------------------+
|8. Notified details: |
+------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+-------------+----------------------+-----------------------------------------+
|Class/type of|Situation previous |Resulting situation after the triggering |
|shares |to the triggering |transaction |
| |transaction | |
|if possible +----------+-----------+---------+---------------+---------------+
|using |Number |Number |Number |Number of |% of  voting |
|the ISIN CODE|of |of |of shares|voting |rights x |
| |Shares |Voting | |rights | |
| | |Ri hts +---------+------+--------+------+--------+
| | | |Direct |Direct|Indirect|Direct|Indirect|
| | | | |xi |xii | | |
+-------------+----------+-----------+---------+------+--------+------+--------+
|Ordinary | | | | | | | |
|0.33p Shares |2,772,275 |2,772,275 |Below 3% |Below |Â |Below |Â |
| | | | |3% | |3% | |
|GB00B02QND93 | | | | | | | |
+-------------+----------+-----------+---------+------+--------+------+--------+
+------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+---------------+-----------+-------------------+----------------+-------------+
|Type of |Expiration |Exercise/ |Number of voting|% of voting |
|financial |date xiii |Conversion Period |rights that may |rights |
|instrument | |xiv |be | |
| | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+---------------+-----------+-------------------+----------------+-------------+
|Â |Â |Â |Â |Â |
+---------------+-----------+-------------------+----------------+-------------+
+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments xv, xvi |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+---------+----------+----------+----------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting|% of voting |
|financial |price |date xvii |Conversion|rights |rights xix, xx|
|instrument | | |period |instrument |Â |
| | | |xviii |refers to | |
| | | | |Â | |
+--------------+---------+----------+----------+----------------+-------+------+
| | | | |Â |Nominal|Delta |
|Â |Â |Â |Â |Â +-------+------+
| | | | | |Â |Â |
+--------------+---------+----------+----------+----------------+-------+------+
+------------------------------------------------------------------------------+
|Total (A+B+C) |
+-------------------------------------+----------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-------------------------------------+----------------------------------------+
|Below 3% |Below 3% |
+-------------------------------------+----------------------------------------+
+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the |
|financial instruments are effectively held, if applicable: xxi |
+--------------------------------------------------------------------------+
|Â |
+--------------------------------------------------------------------------+
+--------------------------------------------------------------------------+
|Proxy Voting: |
+-------------------------------------------------+------------------------+
|10. Name of the proxy holder: | Â |
+-------------------------------------------------+------------------------+
|11. Number of voting rights proxy holder will | |
|cease | Â |
|to hold: | |
+-------------------------------------------------+------------------------+
|12. Date on which proxy holder will cease to hold| Â |
|voting rights: | |
+-------------------------------------------------+------------------------+
+-----------------------------+--------------------------------------------+
| | |
|13. Additional information: | |
+-----------------------------+--------------------------------------------+
|14. Contact name: | Susan Court, Company Secretary - PayPoint |
| | plc |
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:| 01707 600300 |
+-----------------------------+--------------------------------------------+
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Paypoint plc via Thomson Reuters ONE
[HUG#1494453]
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